There is a significant amount of work remaining for the development of Web 3.0. However, the European Commission's attempt to push forward with what it refers to as "Web 4.0" seems premature. On July 11, the European Commission formally adopted a new strategy on Web4 and virtual worlds with the goal of creating an open, secure, trustworthy, fair, and inclusive digital environment for European Union citizens. This strategy is based on four main pillars: empowering human resources, supporting businesses, further developing public services, and shaping global standards for "Web 4.0," a newly coined term that aims to anticipate the next technological wave.
While it is commendable that the European Commission is proactively strategizing to lead the way in Web 4.0 and virtual worlds, it is important not to overlook the fact that, despite
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First found on: Web 4.0 and the EU's Emphasis on Crypto. Opportunities and Challenges Ahead
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